Shimlaशिमला   No.265/2017-PUB25th March 2017

SJVN pays Rs. 237.38 crore as interim dividend to Himachal Govt.

Chief Minister Shri Virbhadra Singh receiving a dividend cheque of Rs. 237.38 crore from Shri R.N Misra CMD, SJVN Limited  at Shimla on 25 March, 2017

A dividend cheque of Rs. 237.38 crore was handed over to the Chief Minister Shri Virbhadra Singh by Shri R.N Misra CMD, SJVN Limited  here today. Shri Misra was accompanied by Shri A.S. Bindra, Director (Finance), N.L. Sharma Director (Personnel) and senior officers of SJVN.

On account of its financial performance for the year 2016-17 public sector SJVN Limited declared an interim dividend of Rs. 930.74 (@ 2.25 rupees per share) to its shareholders. SJVN Limited has paid interim dividend of Rs. 237.38 crore to the Government of Himachal Pradesh holding 25.51% equity in the Company. 

Hydro Power is the core strength of SJVN and the Company has the distinction of implementing India's largest 1500 MW Nathpa Jhakri Hydro Power Station in Himachal Pradesh and 412 MW Rampur Hydro Project.

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